You Searched For "airline bankruptcy" and got 20 results
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2 mins read
Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
2 mins read
Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more
Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek …
Pete Syme
1 min read
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines has struggled since its proposed merger with JetBlue was struck down. Reports have …
Pete Syme
1 min read
Go First resolution professional invites EoIs for the grounded airline
The Resolution Professional (RP) of Go First has invited Expressions of Interest (EoI) for the bank…
PTI
2 mins read
The 5 best airlines in the world for on-time performance
Cirium also hands out the "platinum award" to what Bowen described as the best all-around global ai…
Taylor Rains
2 mins read
Scandinavian Airlines files for bankruptcy in the US after 1,000 of its pilots voted to strike over failed pay negotiations
On Monday, 1,000 SAS pilots walked off the job over pay and working conditions. The next day, the a…
Taylor Rains
4 mins read
The CEO of a budget airline said he flew on Singapore Airlines because his flights were full. People aren't buying it.
Not everyone believes AirAsia CEO Tony Fernandes' explanation for flying on a rival airline this we…
Kai Xiang Teo
1 min read
NCLAT upholds NCLT order allowing Go First's voluntary insolvency proceedings
The National Company Law Appellate Tribunal (NCLAT) has upheld an NCLT order allowing Go First's vo…
PTI
2 mins read
Go First seeks NCLT directions to restrain lessors, regulator from taking any action
Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, i…
PTI
5 mins read
How 3 Ukrainian airlines are still flying despite the ban on civilian flights due to war
Ukrainian airlines have faced significant hurdles since the entire nation became an active warzone …
Taylor Rains
2 mins read
Spirit Airlines accused two ex-employees of conspiring with a supplier that it claims hugely inflated prices and gave kickbacks to the workers
Spirit Airlines alleged in a court filing that former workers conspired with a supplier to raise pr…
Kevin Shalvey
3 mins read
Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO
SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…
PTI
3 mins read
The skies are clearer for IndiGo stock to surge further as Go First’s troubles mount
India’s largest airline InterGlobe Aviation (IndiGo) has a lot to cheer if its peer Go First fails …
2 mins read
Airlines can expect to bleed up to $157 billion in losses until people fly normally again, making 2020 the worst year in aviation history, industry body IATA says
Pandemic-related revenue slumps show airlines will lose $66 for every passenger carried this year, …
Shalini Nagarajan
3 mins read
Pie In The Sky: Indigo set to be biggest beneficiary of duopoly in the sector
The stars are aligning for India’s largest airline Interglobe Aviation. The airline is expected to …
2 mins read
National Company Law Appellate Tribunal to hear Go First lessors' plea today
NCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a ba…
ANI
1 min read
Go First CEO meets DGCA official, civil aviation secretary for future course of action
Go First CEO Kaushik Khona met DGCA officials right after the National Company Law Tribunal (NCLT) …
ANI
4 mins read
Possibility of rival bids for Go Airlines? It is a hypothetical question: says CEO Kaushik Khona
Even though the Wadia group has approached the National Company Law Tribunal (NCLT) voluntarily to …
1 min read
NCLT reserves order on Go First's plea for insolvency resolution proceedings
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go Fi…
PTI
3 mins read
Go First has lengthy history of missing financial obigations, says Pratt & Whitney official
In another statement, Pratt & Whitney said it was "committed to the success of our airline customer…